Bitcoin has been bearish in 2014. It has been choppy, but since June’s high of 683, it has been making lower highs and lower lows, falling to a new low on the year at 275 in October.
Bitcoin (BTCUSD) 10/19 (click to enlarge) The Current Bullish Correction:
Note that price has rebounded from 275 in the sharpest bullish correction since falling from June’s high. The thing is, the daily chart is still bearish. […]
